Not as easy as people let on. There's a lot of competition for them. We lend a lot in Central Florida and I personally invest, but mainly in the Tampa Bay area. We're seeing a lot of apprehension over older wood-frame, so block is not a bad idea to focus on. That being said, one of our investor clients just went under contract yesterday selling a block flip.
I personally think it's easier than people give credit for. In my experience most of the homes in and around Orlando are new enough that they aren't wood frame. I find that the biggest barrier to finding a "good" flip no matter the build, is that most investors see the price and don't try to negotiate. If you communicate the costs for rehab and can back up your data with actual market insights, the seller is more likely to reduce and accept. Unfortunately for investors in our area, many sellers are still living in the covid fever dream of 20%+ increased value. Facts and numbers go a long way toward helping them back to homeostasis.